How many Hydrodog franchise outlets were transferred to new owners in 2024?

According to Hydrodog's 2025 Franchise Disclosure Document, there were no transfers of franchise outlets to new owners during the year 2024. The provided table specifically tracks such transfers, and the data indicates zero transfers occurred across all states. This suggests that existing franchisees did not sell their Hydrodog businesses to new, independent owners during that period.

For a prospective franchisee, this information is relevant for a few reasons. A low number of transfers could indicate franchisee satisfaction and stability within the Hydrodog system. Franchisees may be holding onto their businesses rather than selling them, which could be a positive sign. However, it could also mean that there is a limited market for resales, potentially making it harder to exit the business if desired.

It's important to note that this data only reflects transfers to new owners other than the franchisor. Hydrodog could have reacquired franchises themselves, which would not be reflected in this transfer data. A prospective franchisee should inquire about the reasons for the lack of transfers and whether Hydrodog actively facilitates or restricts resales. Understanding the conditions under which a transfer can occur is crucial for long-term planning.

While zero franchise transfers to new owners occurred in 2024, the number of franchise outlets did increase from 18 to 20. This increase suggests that Hydrodog is growing through new franchise openings rather than resales of existing locations. This could reflect Hydrodog's growth strategy and the opportunities available for new franchisees to establish their businesses.